Obama to increase military spending in Europe

The Barack Obama administration has decided to expand U.S.military spending in Europe by four-fold. The move is being considered to reassure allies anxious about the Russian incursion into Ukraine. The new amount pegged at $3.4 billion will be formally announced next week during Obama's final Presidential budget. The White House said that figure would help in maintaining "continuous U.S.armored brigade rotations" in central and eastern Europe. It will also ensure ramped-up U.S.participation in NATO military exercises and the deployment of extra combat vehicles to the region.